Copart (CPRT) Projected to Announce Quarterly Earnings on Thursday

Key Points

• Copart is expected to report Q1 fiscal 2027 results after market close on November 19. Analysts forecast earnings of about $0.40 per share and revenue of $1.19 billion.
• In its most recent quarter, Copart earned $0.35 per share, missing the $0.38 consensus estimate, while revenue of $1.15 billion topped forecasts and grew 2.4% year over year.
• Analysts have a Moderate Buy consensus rating and an average price target of $37.90; shares opened at $32.17 in the session described.

Copart (NASDAQ:CPRT - Get Free Report) is projected to release its Q1 2027 results after the market closes on Thursday, November 19th. Analysts expect the company to post earnings of $0.3972 per share and revenue of $1.19 billion for the quarter. Interested persons can find conference call details on the company's upcoming Q1 2027 earnings results page for the latest details on the call scheduled for Thursday, November 19, 2026 at 5:30 PM ET.

Copart (NASDAQ:CPRT - Get Free Report) last released its quarterly earnings results on Thursday, September 10th. The business services provider reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by ($0.03). The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. Copart had a net margin of 31.81% and a return on equity of 15.93%. The company's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.41 EPS. On average, analysts expect Copart to post $1.63 EPS for the current fiscal year and $1.79 EPS for the next fiscal year.

Copart Trading Down 0.4%

Shares of CPRT opened at $32.17 on Thursday. The business's 50-day moving average price is $29.42 and its 200 day moving average price is $32.09. The stock has a market capitalization of $29.80 billion, a P/E ratio of 20.75, a P/E/G ratio of 1.58 and a beta of 1.01. Copart has a 1-year low of $25.72 and a 1-year high of $42.05.

Analyst Upgrades and Downgrades

CPRT has been the subject of several research analyst reports. Zacks Research upgraded shares of Copart from a "strong sell" rating to a "hold" rating in a research report on Monday, September 7th. BNP Paribas Exane reiterated an "outperform" rating and set a $43.00 price objective (up from $40.00) on shares of Copart in a research report on Monday, September 28th. Deutsche Bank set a $40.00 price objective on shares of Copart in a research report on Thursday, September 3rd. Weiss Ratings reissued a "sell (d+)" rating on shares of Copart in a research note on Tuesday, October 27th. Finally, HSBC lowered Copart from a "buy" rating to a "hold" rating and reduced their target price for the company from $46.00 to $36.00 in a report on Wednesday, September 16th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $37.90.

Insider Buying and Selling at Copart

In other news, Director Diane Morefield sold 20,000 shares of the company's stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $27.66, for a total value of $553,200.00. Following the transaction, the director owned 50,000 shares in the company, valued at $1,383,000. This represents a 28.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.30% of the stock is owned by corporate insiders.

Copart Company Profile

Copart, Inc. operates an online vehicle auction and remarketing business. Its platform connects sellers with buyers of used and damaged vehicles, including cars, trucks, motorcycles and other equipment. The company serves insurance companies, vehicle dealers, rental and fleet operators, financial institutions and other businesses, as well as individual buyers. Its services include online auctions, vehicle storage, title processing and support with vehicle transportation. Founded in 1982 by Willis Johnson, Copart has expanded from its origins in the United States to serve customers in multiple countries, including markets in North America, Europe and the Middle East.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.